Edmond de Rothschild buys 384 apartment Merlin Wharf PRS scheme in city's Waterside. : A European property investment company has bought the new Merlin Wharf complex in Leicester’s Waterside for £60 million. Edmond de Rothschild Real Estate Investment Management (REIM) has acquired the huge scheme overlooking the River Soar, in Bath Lane. A few days ago Deutsche Finance International announced it was buying the nearby Tannery student block for £35.6 million. Edmond de Rothschild’s UK residential investment fund had already put up the money for the Merlin Wharf development on behalf of its European institutional investors.